SAP Q2 FY26 IFRS operating profit rises 8% to €2.64 billion; revenue increases 9% to €9.88 billion

Reuters2026/07/23 20:13

By:Reuters

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SAP Q2 IFRS profit after tax climbed 26% to EUR 2.21 billion, while revenue rose 9% to EUR 9.88 billion.
IFRS operating profit increased 8% to EUR 2.64 billion, as cloud revenue grew 22% to EUR 6.28 billion.
Current cloud backlog jumped 27% to EUR 22.93 billion; cloud ERP Suite revenue rose 25% to EUR 5.53 billion.
Non-IFRS operating profit rose 7% to EUR 2.74 billion; management flagged sequential growth slowing on higher R&D and acquisition dilution.
Non-IFRS operating profit outlook narrowed to EUR 11.8-12.2 billion for 2026 due to more than EUR 100 million dilution from Dremio and Prior Labs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SAP SE published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607231605PR_NEWS_USPR_____LN11348) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SAP Q2 FY26 IFRS operating profit rises 8% to €2.64 billion; revenue increases 9% to €9.88 billion

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